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Danvers 01923
8 Hood Road
$164,900
● House - Off Market

8 Hood Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,400 Ft²
$709,232
RealtyHop Estimate
306.44%
Since Nov 1, 1997
MA-Boston
Primary Model

About This Property

SEVEN ROOM, 3 BEDROOM COLONIAL, ALL WOOD FLOORS (EXCEPT BATHROOM), UPDATED KITCHEN & BATH.  FENCED IN YARD.  TREE- LINED STREET IN ESTABLISHED NEIGHBORHOOD.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$125
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #30158200)

Price History

Date / Event Date Event Price
Nov 28, 2001 Sold
Premium
Sold
Aug 22, 2001 Listed by Carlson GMAC Real Estate $262,000
Listed by Carlson GMAC Real Estate
Oct 2, 1997 Sold
Premium
Sold
Apr 15, 1997 Listed by Carlson GMAC Real Estate $174,500
Listed by Carlson GMAC Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,064
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,462
  • Total Building Area: 2,016
  • Gross Building Area: 3,300
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211300

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:035 L:335 P:
  • Lot: 335
  • Municipality: DANVERS
  • Latitude: 42.5749
  • Longitude: -70.9359

    Address

  • Full Address: 8 Hood Rd
  • Address - House Number: 8
  • Address - Street Name: Hood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C017
  • 4-Digit Zip Code: 2202
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $669,800

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 676,696
  • High Value: 795,300
  • Low Value: 558,093

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,900
  • Assessed Land Value: $316,900
  • Assessed Improvements Value: $286,000

    Sales

  • Current Sale Recording Date: Nov 28, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 02, 1997
  • Previous Sale Amount: $164,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Danvers

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30158200

Frequently Asked Questions

When was property at 8 Hood Road built and last sold?
The property at 8 Hood Road was built in 1920 and last sold on Jan 1, 1970 for $256,000.
How much is this home worth?
The estimated value of the home located at 8 Hood Road is $0.
What are some comparable homes to 8 Hood Road?
There are currently no comparable homes to 8 Hood Road.
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